The Latest Breaking News from Visa Inc

Leading payment processor Visa Inc (NYSE:V) collaborated with payment and financing firm Tribal, Reuters reports. Visa looks to expand its offerings for small-and-medium-sized businesses in Latin America and the Caribbean. The partnership would expand credit lines, update encryption and safety measures, and improve card distribution. Tribal backed by investors including SoftBank Group Corp's (OTC:SFTBY) (OTC:SFTBF)…

Amazon.com Inc (NASDAQ: AMZN) has agreed to accept Visa Inc's (NYSE: V) cards across its global network, 

Visa Inc (NYSE: V) shares are trading higher by 5.5% at $217.50 after the company reported better-than-expected first-quarter EPS and sales results. Visa beat estimated earnings by 6.47%, reporting an EPS of $1.81 versus an estimate of $1.7, which did not surprise analysts.

Analysts mostly hailed Visa Inc's (NYSE:V) Q1 FY22 results by raising their price targets on the stock. Raymond James analyst John Davis raised the price target to $281 from $265 (36.3% upside) and maintained an Outperform.  Visa's Q1 print included better than expected results across the board as well as an increased FY22 outlook that should send…

Stitch Fix Inc (NASDAQ:SFIX) has appointed Sachin Dhawan as Chief Technology Officer effective today, January 24. He will report to CEO Elizabeth Spaulding. Dhawan joins Stitch Fix from Visa Inc (NYSE:V). Before Visa, Dhawan served as Chief Technology Officer at payments disruptor Blackhawk Network. “His roots in data science and personalization, combined with his experience…

Amazon.com said on Monday it would not stop accepting UK-issued Visa Inc credit cards on its British website later this month as it had proposed, adding that it was working with Visa to resolve a dispute over payment fees. "The expected  change regarding  the use of  Visa credit cards  on Amazon.co.uk…